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2.90%

7.1¢ novatti group limited

Novatti - The $1 party, page-3454

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johnny626

258 Posts.

8

07/07/22

16:44

Post #: 62425783
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Originally posted by Tradingasx: ↑

We also need to keep in mind its going to take many years for IBA to generate any meaningful revenue and profit, theyll need to build their ecosystem and build out their payments platforms.

Novatti have already completed this, this process takes up too 4 years to complete, refer to Judo and Volt recently regarding the time consuming and high cost of building a merchant acquiring and processing business ( judo are only looking into this now and looming at building, this is a big cost to their business).

Lets keep in mind this business is launch ready many new applicants arent & will also be some time away from profitability and meaningful revenue.

just my 2 cents

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thanks for sharing. I’m not pro but seemed APRA are a total fail as they approve those who only has a “plan” on paper but let some “ready” company like Novatti wait long. Seemed unreasonable to me as most of the approved names were failing and returning their license.

NOV Price at posting: 19.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 7.1¢		Change 0.002(2.90%)		Mkt cap ! $25.25M

Open	High	Low	Value	Volume
6.7¢	7.1¢	6.5¢	$5.191K	78.47K

Buyers (Bids)

No.	Vol.	Price($)
2	13494	6.5¢

Sellers (Offers)

Price($)	Vol.	No.
7.9¢	38710	1

View Market Depth

No.	Vol.	Price($)
2	13494	0.065
2	210000	0.064
1	47619	0.063
1	89303	0.056
5	199100	0.055

Price($)	Vol.	No.
0.079	38710	1
0.080	220000	2
0.083	29999	1
0.084	100000	1
0.087	44381	1

Last trade - 15.59pm 04/10/2024 (20 minute delay)

NOV (ASX) Chart